2 Bedroom Apartment / flat for sale in Cape Town City Centre

Cape Town City Centre, Cape Townlocation approximate: suburb level

2 bed · 2 bath · 87 m² floor

Description

A compelling opportunity for investors, business travellers and buyers seeking an income-producing property in one of Cape Town’s most strategically positioned CBD locations. Situated within the renowned Fountains Hotel, this spacious two-bedroom, two-bathroom apartment combines the independence of a private apartment with the convenience and facilities of a four-star hotel, creating an excellent proposition for short-term letting, corporate accommodation or a lock-up-and-go city base. The building is Airbnb-friendly and permits short-term letting, opening the property to Cape Town’s strong business, conference and leisure tourism markets. The Cape Town International Convention Centre (CTICC) is approximately a 3-minute walk away, with the Foreshore, V&A Waterfront and major CBD business hubs all within easy reach. The two-bedroom, two-bathroom configuration is... A compelling opportunity for investors, business travellers and buyers seeking an income-producing property in one of Cape Town’s most strategically positioned CBD locations. Situated within the renowned Fountains Hotel, this spacious two-bedroom, two-bathroom apartment combines the independence of a private apartment with the convenience and facilities of a four-star hotel, creating an excellent proposition for short-term letting, corporate accommodation or a lock-up-and-go city base. The building is Airbnb-friendly and permits short-term letting, opening the property to Cape Town’s strong business, conference and leisure tourism markets. The Cape Town International Convention Centre (CTICC) is approximately a 3-minute walk away, with the Foreshore, V&A Waterfront and major CBD business hubs all within easy reach. The two-bedroom, two-bathroom configuration is particularly well suited to short-term and corporate accommodation, comfortably catering for business travellers, couples and families. The open-plan kitchen, dining and living area leads onto a balcony overlooking the historic Adderley Street Fountain and surrounding cityscape. Both bedrooms are generously proportioned with ample storage, while one secure underground parking bay is included. Residents and guests enjoy access to the facilities of Fountains Hotel, including swimming pools, restaurant and bar, 24-hour reception and security, conference and business facilities and tourism support. WiFi is included, while centralised hot water forms part of the levies, helping to reduce electricity consumption within the apartment. For investors, the flexibility of the property is a significant advantage. It can be positioned for nightly short-term accommodation, corporate and medium-term stays or conventional long-term letting, allowing the rental strategy to be adapted according to market demand. The existing furniture can be purchased separately, providing investors with the opportunity to acquire a near-turnkey short-term rental with minimal setup required. Whether you’re looking to expand a short-term rental portfolio, secure a Cape Town base for business travel or are simply drawn to the cosmopolitan city lifestyle, this apartment offers a particularly versatile investment opportunity in the heart of Cape Town. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1977518664","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Partialfrom the listing text · 99%
Battery Backup
Yesfrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 97%
Generator
Nofrom the listing text · 88%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 97%
Inverter
Yesfrom the listing text · 95%
Solar Geyser
Nofrom the listing text · 97%
Solar panels
Nofrom the listing text · 97%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 97%
Armed Response
Nofrom the listing text · 96%
Boomed Area
Nofrom the listing text · 95%
Burglar Bars
Nofrom the listing text · 88%
CCTV
Nofrom the listing text · 93%
Electric Fence
Nofrom the listing text · 97%
Guard 24h
Yesfrom the listing text · 71%
Security Estate
Nofrom the listing text · 93%

Location

Exposed to coastal wind
Yesfrom open data · 60%
Estimated commute to CBD
1 minfrom open data · 60%
Crime trend
Worseningfrom open data · 60%
Distance to the sea
1.1 kmfrom open data · 60%
Load-shedding block
7from open data · 60%
SAPS precinct risk
Highfrom open data · 60%

Market

Days on market
34 daysfrom our price history
Gross rental yield
10.3%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 40 230from our price history
Times relisted
0from our price history
Vs suburb median
1.21×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 96%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Nofrom the listing text · 97%
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Cityfrom the listing text
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 97%
Furnished
Yesfrom the listing text · 77%
Home Office
Nofrom the listing text · 97%
Lift Access
Nofrom the listing text · 76%
Open Plan
Yesfrom the listing text · 95%
Penthouse
Nofrom the listing text · 97%
Scullery
Nofrom the listing text · 97%
Single Level
Nofrom the listing text · 60%
Staff Accommodation
Nofrom the listing text · 97%
Walk In Closet
Nofrom the listing text · 95%
Wheelchair Access
Nofrom the listing text · 97%

Outdoor

Balcony
Yesfrom the listing text · 98%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Nofrom the listing text · 97%
Covered Patio
Nofrom the listing text · 96%
Established Trees
Nofrom the listing text · 98%
Garage Type
Singlefrom the listing text · 81%
Garden Size
Nonefrom the listing text
Off-street parking bays
1from the listing text · 99%
Pet Friendly
Nofrom the listing text · 77%
Pool Type
Communalfrom the listing text · 97%

Condition

Needs Tlc
Nofrom the listing text · 97%

Architecture

Original Features
Nofrom the listing text · 98%
Thatched Roof
Nofrom the listing text · 98%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 73%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Yesfrom the listing text · 96%
Special Levy Mentioned
Nofrom the listing text · 95%
Utilities Included
Nofrom the listing text · 68%

Connectivity

Fibre
Nofrom the listing text · 95%

Commercial

Auction
Nofrom the listing text · 98%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Pool
Yes
Parking
Underground Parking
Bedrooms
2
Kitchens
1
Bathrooms
2
Floor Size
87 m²
Backup Power
Backup Battery / Inverter
Listing Date
21 August 2026
Pets Allowed
No
Price per m²
R 40 230
Listing Number
117551633
Rates and Taxes
R 850
Reception Rooms
2
Type of Property
Apartment / Flat